Category Archives: Union Budget

13 measures for rationalisation of Income tax -Budget 2017-18

By | February 1, 2017

Finance Minister announces several anti graft and rationalisation measures in the field of Income tax Accountants or merchant bankers furnishing incorrect information to face penalty Income of the Chief Minister’s Relief Fund and the Lieutenant Governor’s Relief Fund to be exempt from tax  Concessional tax rate of 10 per cent in case of income arising… Read More »

Demonetisation will lead to bigger, cleaner and real GDP -Budget Speech

By | February 1, 2017

Demonetisation will lead to bigger, cleaner and real GDP, says Jaitley GST to spur growth, competitiveness, and greater transparency in economy The Union Minister of Finance and Corporate Affairs Shri Arun Jaitley said that India has witnessed historic and impactful economic reforms and policy making in the last one year and there were two tectonic… Read More »

Budget 2017-18 proposes Reduction in Customs/ Excise for Renewable Energy Sector & Cashless Transaction Devices

By | February 1, 2017

General Budget 2017-18 proposes Reduction in Customs and Excise for Renewable Energy Sector, and Cashless Transaction Devices The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18 in Parliament today announced substantial relief in Customs and Excise Duties for Renewable Energy Sector and for manufacture of Cashless Transaction… Read More »

GST Council finalised its recommendations on almost all issues – Budget Speech

By | February 1, 2017

GST Council has finalised its recommendations on almost all the issues based on consensus, says Finance Minister in his Budget Speech Extensive reach-out efforts to trade & industry for GST to start from 1st April, 2017 The Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley while presenting the General Budget 2017-18 in Parliament… Read More »

Customs and Central Excise Notifications -Budget 2017-18

By | February 1, 2017

Customs and Central Excise Notifications -Budget 2017-18 Notifications Customs Tariff Central Excise Tariff Central Excise Non-Tariff Service Tax Index Explanatory Notes Explanatory Note D.O. Letter from JS(TRU-I) D.O. Letter from JS(TRU-II) Related Post on Budget 2017-18 Budget Speech 2017-18 -Download /Print Finance Bill 2017 -Download /Print -Budget 2017-18 Memorandum Explaining Provisions in Finance Bill 2017… Read More »

Budget Speech 2017-18 -Download /Print

By | February 1, 2017

Budget Speech 2017 -18 Budget Speech 2017 presented by Sh Arun Jaitley on 01.02.2017 BUDGET SPEECH FINANCE BILL, 2017 – SPEECH OF ARUN JAITLEY, UNION MINISTER OF FINANCE, DATED 1-2-2017 Madam Speaker, On this auspicious day of Vasant Panchami, I rise to present the Budget for 2017-18. Spring is a season of optimism. I extend… Read More »